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Updated over 8 years ago on . Most recent reply
Hard Money Lenders - what do you want from new investors?
I have some capital built up, but I'm going to need some short term financing to do what I want to do. My question to HMLs is: what are you looking for from a new guy that wants to borrow $100K? In other words: what do you want to see from a borrower regarding assets, income, credit history, FICO, deal details, note position, etc.
If I show up asking for money, I want to be prepared so I don't waste your time or mine.